Risk factor
Very high price volatility
Profitability factor
Favourable price performance
About
EQ Resources Limited explores for and produces tungsten, gold, and other mineral resources in Australia. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of 358.5 hectares and ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals International...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E.
Target Price
The average target price of EQR.AX is 0.06 and suggests 28% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell